In July 1997, the New York District Office of the EEOC brought suit in U.S. District Court for the Southern District of New York against Lew Lieberbaum & Co., a Manhattan securities brokerage. The suit alleged that the Lew Lieberbaum violated Title VII of the Civil Rights Act by subjecting African- ...
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In July 1997, the New York District Office of the EEOC brought suit in U.S. District Court for the Southern District of New York against Lew Lieberbaum & Co., a Manhattan securities brokerage. The suit alleged that the Lew Lieberbaum violated Title VII of the Civil Rights Act by subjecting African-American and female employees to racial and sexual harassment, failing to promote African-American and female employees, and retaliating against those who complained.

The case was resolved in April of 1998 with a consent decree that awarded a total of $1.75 million to the alleged victims. This decree additionally required the Defendant to post notice of the consent decree, to require additional sexual harassment training for its employees, and to refrain from future discrimination or retaliation.